Australian Banks Launch War on Bitcoin

Fri, 02/10/2015 - 18:19 — smashdracs

Australia’s largest banks have ended all financial support and abruptly closed down the bank accounts of at least 17 Australian Bitcoin companies, including the Australian Digital Currency Commerce Association Chairman Ron Tucker’s Australian bitcoin exchange Bit Trade.

“The banks had not advised any of our members. To the best of our knowledge all, or nearly all digital currency businesses have received letters from their bank, or in many cases banks, advising of the closure of their accounts. This includes at least 17, with 13 of these closed permanently,” Tucker told Bitcoin Magazine.
READ MORE: https://bitcoinmagazine.com/articles/australian-startups-close-down-as-b...